Jio Payments Bank bags MLFF tolling contract for Gurugram-Jaipur stretch, forays into next-gen tolling
ADVERTISEMENT
Payments bank and a subsidiary of Jio Financial Services Ltd (JFSL) Jio Payments Bank Ltd (JPBL) has won a contract to implement the FASTag automatic number plate recognition (ANPR)-based MLFF toll collection system across two toll plazas – Shahjahanpur and Manoharpura – between Gurugram and Jaipur.
These plazas were awarded as part of the tender issued by Indian Highways Management Company Ltd(IHMCL) for managing toll processing under India’s pilot MLFF project, aimed at enabling seamless, barrier-free vehicular movement on national highways. So far, five MLFF bids have been awarded, of which Jio Financials has secured two, demonstrating its competitiveness in this space.
What is MLFF tolling system?
This advanced electronic toll collection system accurately identifies, classifies, and charges vehicles travelling without requiring them to slow down, stop, or use designated toll lanes. It leverages a combination of radio-frequency identification, ANPR, dedicated short-range communication, and global navigation satellite system technologies to ensure smooth, contactless tolling operations across multiple lanes, reducing congestion, and improving commuter convenience.
Securing the contract to collect and process toll for an MLFF project allows Jio Payments Bank build on the foundation of its FASTag acquisition-based toll processing operations, which started in July 2025. Jio Payments Bank is already managing toll operations at 11 toll plazas on different highway stretches as an acquirer bank.
November 2025
The annual Fortune India special issue of India’s Best CEOs celebrates leaders who have transformed their businesses while navigating an uncertain environment, leading from the front.
For its toll management operations across highways, Jio Payments Bank is exploring synergies with Jio Platforms, leveraging the latter’s digital capabilities.
“Our expansion into the tolling ecosystem is a natural progression of our mission to digitise everyday payments and build smart financial infrastructure at scale. By leveraging the synergy of digital capabilities with the group ecosystem, we are actively building capabilities to participate in the evolving mobility ecosystem in India,” says Vinod Easwaran, MD & CEO, Jio Payments Bank.
Jio Financial Services operates a full-stack financial services business through Jio Credit Ltd, Jio Insurance Broking Ltd, Jio Payment Solutions Ltd, Jio Leasing Services Ltd, Jio Finance Platform and Service Ltd, and Jio Payments Bank Ltd.